Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Short Interest Update

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 500,357 shares, an increase of 112.0% from the May 14th total of 236,002 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 368,481 shares, the short-interest ratio is presently 1.4 days.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta International Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Wells Fargo & Company MN raised its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 3.5% during the fourth quarter. Wells Fargo & Company MN now owns 22,119,644 shares of the company’s stock valued at $949,818,000 after buying an additional 747,167 shares during the last quarter. Bank of America Corp DE raised its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 30.3% during the second quarter. Bank of America Corp DE now owns 4,516,794 shares of the company’s stock valued at $179,136,000 after buying an additional 1,050,477 shares during the last quarter. SigFig Wealth Management LLC raised its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.7% during the fourth quarter. SigFig Wealth Management LLC now owns 4,478,415 shares of the company’s stock valued at $192,303,000 after buying an additional 76,820 shares during the last quarter. Morgan Stanley raised its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 0.6% during the fourth quarter. Morgan Stanley now owns 3,313,212 shares of the company’s stock valued at $142,269,000 after buying an additional 19,726 shares during the last quarter. Finally, Betterment LLC raised its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.9% during the third quarter. Betterment LLC now owns 3,253,245 shares of the company’s stock valued at $133,741,000 after buying an additional 61,801 shares during the last quarter.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

Shares of Goldman Sachs ActiveBeta International Equity ETF stock traded up $0.37 on Monday, hitting $46.45. 53,078 shares of the company traded hands, compared to its average volume of 529,609. The stock has a market capitalization of $5.82 billion, a P/E ratio of 15.44 and a beta of 0.77. Goldman Sachs ActiveBeta International Equity ETF has a 52 week low of $38.53 and a 52 week high of $46.86. The business has a 50-day simple moving average of $45.33 and a 200 day simple moving average of $44.36.

Goldman Sachs ActiveBeta International Equity ETF Company Profile

The Goldman Sachs ActiveBeta International Equity ETF (GSIE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks in developed markets outside of the US comprising four sub-indices: value, momentum, quality and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight. GSIE was launched on Nov 6, 2015 and is managed by Goldman Sachs.